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Should I register a new generic top level domain? A simple question that can’t have a simple answer. Are you ready for this major change?

A few years ago we wrote a couple of articles with tips and suggestions to choose a “perfect” domain name. You may have seen many versions of the article “Choosing the right domain name”.
It was 2006 and the internet landscape looked completely different, much simpler.
Just eight years ago, if you wanted to register a domain name to run your business, a personal blog, an online store, a social profile, or reserve a name for future purposes, you just needed to focus in the domain name and follow some basic tips regarding the name length, the use of dashes and numbers and avoid copyright violations to get a domain name easy to remember and “brandable”. Today with over 1000 (one thousand) new generic top level domain extensions released for registrations, things have changed…

The New gTLDs are here whether you like it or not

As we mentioned in a previous post, over one thousand new gTLDs are in the process of being launched during this year and 2015. The yearly fees for registration of these new extensions start at two times the cost of registering a Dot Com domain extension or higher.

In addition if you want to pre-register a new gTLD you can do it now, but in most cases if there’s more than one bidder for the name of your choice you will be taken to a private auction between all the bidders, it’s not a first come first served pre-reg. So you may end up paying more than what you expected for the registration and sometimes it’s not clear how much will you have to pay for renewals of this “premium-wannabe” name.